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Did you miss out the recent bull run? |
11 Mar 14 08:52 AM |
Investors who lost money recently in the month of January blamed the swiftness of the market’s current move which left them high and dry. High volatility in markets shaken off their confidence and hence they had decreased the leverage as a result. Last month the turnover in F&O has been one of the worst in the recent past. But, the market swiftly posted new highs in the last 3 weeks to gain as much as 10%! Many investors wonder if the elections are already over. In fact, FIIs are convinced that the BJP and its allies would sail past the majority mark which helped the market to post new highs. Interestingly, many traders who remained short hoping for a big correction had to run for covers. We expect that the short traders may be stripped off their last shorts in the days to come if they do not cover their short positions. Recently Mr.Sukani asked his CNBC viewers to remain cautious, and the next day he was bullish, but the very next day he changed his views and informed that he built up small short position! If you follow these experts then how can you make money in the market? Incidentally we have been informing about the signs of bull market right from the beginning of the year. More recently we informed that the market would reach a record high. Besides we also warned the members not to initiate any shorts. Many CNBC analysts initiated short calls from Sukani and likes.
We had clearly informed how to face the market. It is going to be bullish albeit with bouts of correction. The correction gives lots of strength to the market by eliminating the weak bulls. The past 2 days have been good for the banks and capital goods. In one of our recent face to face meets we informed that the bank Nifty would post the new highs. Hope members are enjoying the bulls ride in bank Nifty. In case you missed out the rally you need not have to worry about the lost opportunities. Plenty of new opportunities will be found for you from our end. Let us discuss about it in our forthcoming newsletters. |
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